Articles Of Cellulose Fibre-Cement, Not Containing Asbestos Market

The global market for cellulose fibre-cement, not containing asbestos is anticipated to show positive growth trends in consumption, production, and import and export prices over the next eight years. Key countries such as China, the United States, and Germany are expected to play significant roles in driving market performance. Overall, the market is forecasted to expand steadily, with notable fluctuations in import and export prices amongst major products and countries.

Market Forecast

Driven by increasing demand for articles of cellulose fibre-cement, not containing asbestos worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +4.7% for the period from 2022 to 2030, which is projected to bring the market volume to 3.9M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +7.0% for the period from 2022 to 2030, which is projected to bring the market value to $7.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Global consumption of articles of cellulose fibre-cement, not containing asbestos rose to 2.7M tons in 2022, picking up by 3.3% against the previous year's figure. Overall, consumption posted a resilient expansion. Over the period under review, global consumption of hit record highs in 2022 and is likely to continue growth in the immediate term.

The value of the market for articles of cellulose fibre-cement, not containing asbestos worldwide totaled $4.3B in 2022, picking up by 2.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a strong increase. Global consumption peaked in 2022 and is expected to retain growth in the near future.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (398K tons), the United States (323K tons) and India (164K tons), together accounting for 33% of global consumption. Poland, Germany, Pakistan, Brazil, Indonesia, Russia, Mexico, Italy, Thailand and Turkey lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +21.8%), while asbestos for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($1.1B), China ($965M) and Italy ($98M) appeared to be the countries with the highest levels of market value in 2022, with a combined 51% share of the global market. Pakistan, India, Germany, Indonesia, Turkey, Brazil, Mexico, Russia, Thailand and Poland lagged somewhat behind, together accounting for a further 12%.

In terms of the main consuming countries, Thailand, with a CAGR of +20.8%, recorded the highest rates of growth with regard to market size over the period under review, while asbestos for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of per capita consumption of articles of cellulose fibre-cement, not containing asbestos was registered in Poland (2,960 kg per 1000 persons), followed by Germany (1,250 kg per 1000 persons), Italy (1,052 kg per 1000 persons) and the United States (963 kg per 1000 persons), while the world average per capita consumption of articles of cellulose fibre-cement, not containing asbestos was estimated at 4.6 kg per 1000 persons.

In Poland, per capita consumption of articles of cellulose fibre-cement, not containing asbestos increased at an average annual rate of +14.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+21.5% per year) and Italy (+12.4% per year).

Production

World Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Global production of articles of cellulose fibre-cement, not containing asbestos expanded to 2.7M tons in 2022, surging by 2.4% against the previous year. Over the period under review, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 31%. Global production peaked at 2.7M tons in 2020; afterwards, it flattened through to 2022.

In value terms, production of articles of cellulose fibre-cement, not containing asbestos reached $4.2B in 2022 estimated in export price. In general, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 36% against the previous year. Over the period under review, global production of attained the peak level at $4.3B in 2020; however, from 2021 to 2022, production failed to regain momentum.

Production By Country

The countries with the highest volumes of production in 2022 were China (409K tons), the United States (320K tons) and India (166K tons), together comprising 34% of global production. Poland, Pakistan, Indonesia, Brazil, Germany, Russia, Thailand, Mexico, Italy and Turkey lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +16.9%), while asbestos for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

In 2022, overseas purchases of articles of cellulose fibre-cement, not containing asbestos increased by 6.6% to 126K tons, rising for the second year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 22% against the previous year. Global imports peaked at 152K tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos expanded rapidly to $213M in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Global imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports By Country

In 2022, Germany (25K tons), distantly followed by the UK (16K tons), France (6.8K tons) and Kazakhstan (6.2K tons) were the main importers of articles of cellulose fibre-cement, not containing asbestos, together committing 43% of total imports. Denmark (4.8K tons), Ireland (4.7K tons), the United States (4.1K tons), Australia (3.5K tons), Japan (3.5K tons), Belgium (3.4K tons), Slovakia (3.2K tons), Saudi Arabia (2.6K tons) and Georgia (2.6K tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +28.6%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($40M) constitutes the largest market for imported articles of cellulose fibre-cement, not containing asbestos worldwide, comprising 19% of global imports. The second position in the ranking was taken by the UK ($17M), with an 8% share of global imports. It was followed by France, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value in Germany amounted to +26.4%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (+16.3% per year) and France (+6.6% per year).

Imports By Type

Cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos prevails in asbestos structure, amounting to 101K tons, which was near 97% of total imports in 2022. Cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings (3.2K tons) held a little share of total imports.

Cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos experienced a relatively flat trend pattern with regard to volume of imports. Cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings experienced a relatively flat trend pattern. The shares of the largest types remained relatively stable throughout the analyzed period.

In value terms, cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos ($152M) constitutes the largest type of articles of cellulose fibre-cement, not containing asbestos imported worldwide, comprising 84% of global imports. The second position in the ranking was held by cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings ($29M), with a 16% share of global imports.

From 2012 to 2022, the average annual rate of growth in terms of the value of cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos imports amounted to +5.6%.

Import Prices By Type

The average import price for articles of cellulose fibre-cement, not containing asbestos stood at $1,691 per ton in 2022, rising by 3% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for articles of cellulose fibre-cement, not containing asbestos increased by +104.9% against 2013 indices. The growth pace was the most rapid in 2017 an increase of 25% against the previous year. Global import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major imported products. In 2022, the product with the highest price was cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings ($8,920 per ton), while the price for cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos totaled $1,497 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings (+9.3%).

Import Prices By Country

In 2022, the average import price for articles of cellulose fibre-cement, not containing asbestos amounted to $1,691 per ton, surging by 3% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for articles of cellulose fibre-cement, not containing asbestos increased by +104.9% against 2013 indices. The growth pace was the most rapid in 2017 when the average import price increased by 25%. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,781 per ton), while Georgia ($163 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

After two years of growth, overseas shipments of articles of cellulose fibre-cement, not containing asbestos decreased by -14.7% to 97K tons in 2022. Overall, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 39%. The global exports peaked at 212K tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos declined to $144M in 2022. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.5% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of 57% against the previous year. The global exports peaked at $146M in 2021, and then reduced modestly in the following year.

Exports By Country

Australia was the main exporter of articles of cellulose fibre-cement, not containing asbestos in the world, with the volume of exports accounting for 25K tons, which was approx. 26% of total exports in 2022. China (11K tons) ranks second in terms of the total exports with an 11% share, followed by Germany (7.3%), Poland (6.3%), Indonesia (5.9%) and Thailand (5.8%). The UK (3.6K tons), South Africa (3.5K tons), Lithuania (2.9K tons), Iran (2.4K tons), India (2.2K tons), Belgium (2K tons) and Italy (1.8K tons) took a little share of total exports.

Australia was also the fastest-growing in terms of the articles of cellulose fibre-cement, not containing asbestos exports, with a CAGR of +62.8% from 2012 to 2022. At the same time, the UK (+20.3%), Iran (+16.8%), Lithuania (+12.1%), Indonesia (+10.3%), South Africa (+7.0%) and Germany (+2.3%) displayed positive paces of growth. China and India experienced a relatively flat trend pattern. By contrast, Belgium (-2.1%), Italy (-3.9%), Poland (-5.7%) and Thailand (-27.8%) illustrated a downward trend over the same period. While the share of Australia (+26 p.p.), China (+6.1 p.p.), Indonesia (+4.8 p.p.), Germany (+4.6 p.p.), the UK (+3.5 p.p.), South Africa (+2.8 p.p.), Lithuania (+2.6 p.p.) and Iran (+2.2 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Thailand (-62.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest articles of cellulose fibre-cement, not containing asbestos supplying countries worldwide were Australia ($44M), China ($26M) and Germany ($9.6M), together accounting for 54% of global exports.

Among the main exporting countries, Australia, with a CAGR of +74.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Exports By Type

Cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos dominates asbestos structure, finishing at 106K tons, which was near 97% of total exports in 2022. Cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings (3.3K tons) held a little share of total exports.

Exports of cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos decreased at an average annual rate of -6.2% from 2012 to 2022. cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings (-3.3%) illustrated a downward trend over the same period. The shares of the largest types remained relatively stable throughout the analyzed period.

In value terms, cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos ($140M) remains the largest type of articles of cellulose fibre-cement, not containing asbestos supplied worldwide, comprising 98% of global exports. The second position in the ranking was taken by cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings ($2.4M), with a 1.7% share of global exports.

For cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos, exports expanded at an average annual rate of +4.0% over the period from 2012-2022.

Export Prices By Type

In 2022, the average export price for articles of cellulose fibre-cement, not containing asbestos amounted to $1,493 per ton, increasing by 16% against the previous year. Over the period under review, the export price saw resilient growth. The pace of growth appeared the most rapid in 2015 an increase of 63%. The global export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exported products. In 2022, the product with the highest price was cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos ($1,321 per ton), while the average price for exports of cellulose fibre-cement articles or the like; tubes, pipes and tube or pipe fittings stood at $718 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by cellulose fibre-cement; articles or the like, other than corrugated sheets and other sheets, panels, tiles and similar articles, not containing asbestos (+10.9%).

Export Prices By Country

In 2022, the average export price for articles of cellulose fibre-cement, not containing asbestos amounted to $1,493 per ton, jumping by 16% against the previous year. Over the period under review, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 63% against the previous year. The global export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,414 per ton), while Indonesia ($243 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform